BlackRock’s Tokenized Real World Assets Can Now Be Exchanged for USDC

The financial system is witnessing a transformative change as Circle announces a groundbreaking development. Investors holding shares in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) can now seamlessly exchange their tokenized real-world assets for USDC.

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US Treasury Warns Russia’s Use of Tether (USDT) to Evade Sanctions and Fund Wars

The US Treasury is raising alarms over Russia’s alleged use of the stablecoin Tether (USDT) to bypass international sanctions and sustain its military operations.
Undersecretary Wally Adeyemo highlighted this concern in a statement to the Senate Committee on Banking, Housing, and Urban Affairs.

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DeFi Architect Andre Cronje Questions If Ethena (USDe) Is the Next TerraUSD

Andre Cronje, a renowned DeFi architect, has cast a speculative gaze upon Ethena Protocol’s stablecoin, USDe, probing its potential to follow the tumultuous path of TerraUSD.
These insights contrast past predictions on industry risks with the current dynamics surrounding Ethena.

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Stablecoin Supply Soars to $150 Billion, Up $20 Billion Since January

The crypto market has sustained remarkable growth since the beginning of the year, with the stablecoin sector showcasing significant expansion.
According to DeFiLlama, the stablecoin supply has surged by nearly $20 billion since the year’s outset, reaching over $150 billion.

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Ethena to Launch Token Airdrop Following Synthetic Stablecoin USDe Success

Ethena is set to launch a new airdrop, marking the next phase in its expansion following the success of its synthetic stablecoin, USDe.
The company announced that April 2, 2024, will commence the decentralization of Ethena Protocol, introducing its native token, ENA, to its community.

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Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto | Bitcoinist.com

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down.

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